Microsoft’s M12 Leads $28 Million Round in Skedulo

SAN FRANCISCO — Skedulo, which help companies manage their mobile workforce, has closed a $28 million Series B funding round led by M12, formerly Microsoft Ventures, with participation from returning investors Blackbird and Costanoa Ventures, bringing the company’s total fundraising to $40.5 million.

As part of the financing, Priya Saiprasad, Principal of M12, will join Skedulo’s Board of Directors.

“Since day one, Skedulo has been focused on helping companies overcome the significant challenges of managing their deskless workforce. This is an increasingly complex problem that impacts billions of mobile workers across millions of enterprises worldwide,” says Matt Fairhurst, CEO and co-founder of Skedulo. “It’s a problem that Skedulo is committed to addressing at scale – something no other solution provider has ever done. We’re inspired every day by our customers who use Skedulo to engage with their workforce in new and innovative ways, from managing schedules to driving productivity.”

He adds, “The way people work is changing and enterprises that capitalize on these changes through modern platforms like Skedulo will be best positioned to compete and lean into rapidly changing customer and employee expectations. We look forward to helping our customers become the next class of industry disruptors with Skedulo’s transformative technology.”

“Skedulo makes it easier than ever for modern businesses to manage a mobile workforce, providing customers the tools and resources needed to empower their employees on the go,” said Priya Saiprasad, principal at M12. “We’re excited to support the Skedulo team in its efforts to better serve customers by enhancing the way employers engage with their employees.”

Skedulo plans to use the funds to increase headcount by 118 percent across its four offices, including adding 60 new employees to its Australian offices in Brisbane and Sydney.

Founded in 2013, Skedulo is headquartered in San Francisco with offices in AustraliaVietnam, and the United Kingdom.